zlacker

[parent] [thread] 5 comments
1. dragon+(OP)[view] [source] 2023-11-18 01:05:26
Self-dealing like that really is, not saying I see any reason to suspect its that and not something else, but, yeah, doing that and cocncealing it absolutely would be a reason for both firing him and making the statement made.

Unless Brockman was involved, though, firing Brockman doesn't really make sense.

replies(1): >>fragme+H2
2. fragme+H2[view] [source] 2023-11-18 01:20:18
>>dragon+(OP)
Yeah, looking at the self-dealing going on with WeWork and Adam Neumann, it's not that.
replies(3): >>lmm+25 >>ssnist+z6 >>dragon+T6
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3. lmm+25[view] [source] [discussion] 2023-11-18 01:35:31
>>fragme+H2
The board knew and agreed to it in that case.
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4. ssnist+z6[view] [source] [discussion] 2023-11-18 01:44:30
>>fragme+H2
Not sure what you mean here. They tried to IPO in 2019 and all the dirty laundry came out, scuttled the IPO and Neumann got ousted.
replies(1): >>fragme+bW4
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5. dragon+T6[view] [source] [discussion] 2023-11-18 01:46:22
>>fragme+H2
There's a difference between self-dealing you sell the board on and self-dealing you conceal from the board (also, different where its a pure for-profit where the self-dealing happens and where there is a non-profit involved, because the latter not only raises issues of conflict of interest with the firm, but also potential violations of the rules governing non-profits.)
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6. fragme+bW4[view] [source] [discussion] 2023-11-19 13:21:14
>>ssnist+z6
Ousted to the tune of millions and millions of dollars tho. Yeah he didn't get an IPO pop, but he's still worth more than you or I could make in several lifetime.
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